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Title: Re: [amibroker] Re: NEW USER - simple question.......
there are very few, if any, high performance systems (high profits with small Drawdowns) that are "consistently profitable" over any significant time period. There are millions of traders, billions of dollars, and super computers waiting/ready to exploit any small market imperfection the minute they surface. The market is consistently scanned for imperfections and it is getting increasingly more difficult for the individual trader these imperfections before they are traded to failure. This can happen in hours, day or weeks, ... I believe that 99% of traders underestimate the massive competition they are facing.
The key to success is to think outside the box: whatever is published most likely doesn't work anymore. Dennis explained very well why that is so. However, systems phase in and out of performance over time... so continuously scanning and testing multiple systems, as some are doing, can proof profitable.
Good luck,
herman
For tips on developing Real-Time Auto-Trading systems visit:
http://www.amibroker.org/userkb/
Monday, July 7, 2008, 12:18:19 AM, you wrote:
> Excellent advise. Thank you very much for the enlightenment. I have
> purchased several books on the topic of building systems and once I
> finish digesting all the information I hope to be well on my way to
> building my own. I have a concept of the stock market as a living
> entity made up of the hopes and dreams of every participant. I relate
> it to driving down the highway and visualizing the traffic patterns as
> they develop. I find it very easy to spot the changing patterns and
> capitalize on the varying flow to find the most efficient path through
> the log jams. My dream is to learn enough about the market to
> accomplish the same thing. I believe both are ruled by two basic human
> emotions, fear and greed, and thus the market dynamics should enable
> one to establish a consistently profitable system.
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Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
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